Instaforex was established in the year 2008 and is operating online since 2009. It is an ECN broker and provides to its customer qualitative trading services to the forex traders. It has been recognized as Asia’s best broker in the year 2009 by the World Finance Award which is one of the coveted awards in the field of financial markets and is given annually by the World Finance Magazine. In the same year CNBC Business magazine also acknowledged InstaForex as one of the most developing Forex broker company. Other that this there are many other awards and recognitions given to InstaForex which further confirms its reliability. They provide both Meta Trader 4 and Meta Trader mobile platform to its customers. The MT4 is the most preferred trading platform in the forex market. The availability of Meta Trader mobile comes as a boon for all those traders who would like to trade even when they are on the move. The account currencies accepted by them are multiple which includes Australian and US Dollars, Great Britain pound, Yen and Franc. They allow trading in about 54 currency pairs along with gold, silver, CFD and binary options. The leverages on them is 1:1000, 1:100, 1:10 respectively.
The best part of InstaForex is that the minimum deposit required to open an account with them is just $1. It is also a good broker for all the traders who like to scalp as they allow scalping. They also allow the use of expert advisor to help in the trading. The website and the customer support service are available in multiple languages and the methods that can be used are Callback, Email, Live Chat, Skype and phone. They also allow Islamic account for Muslim traders. However, they do not allow US traders to trade with them.
Are you planning to choose a broker to start Forex trading and finding it difficult to get the right one? Well! The best way to find about a broker is to go through its review posted online by its users. The reviews speak a lot about the service and performance of a company. If you go through the reviews posted by different traders on various sites you will see that most f tem have to say only good things about InstaForex. Most of the traders like their trading platform, while others like their support staffs. The other thing that always bothers any trader is the withdrawal of the money. With Instaforex, most of the traders have put the review that they never had an issue in withdrawing their money. The other positive mentioned by them is the 30% welcome bonus which is given up to $5000. Having segregated account is also listed as a bonus to working with this broker. They have many payment options including Paypal. One of the cons mentioned in the review is that their spread is wide. However, the overall review of the company is positive and that they have a total rating of 5.4 out of 10.» Sign up now